this post was submitted on 15 Aug 2023
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This comment should be at the top. We have a similar industry that has at least figured out a model giving enough value that listeners are willing to pay. Why not video? We also had a brief golden age of streaming video where Netflix showed how it could be. Why not now?
We can’t blame the companies completely, Netflix was having to much power and profits. Spotify for instance is still at a lose, and so are a lot of music streaming services. Netflix was very comfortable and starting to make their own content, promoting that content and not sharing the data with the studio’s.
Secondly consumers are not the smartest bunch and signed up immediately when HBO and Disney+ came to the market, not understanding that it was at introduction price to lure people away from other streaming services.
So people had the chance to have a more centralised streaming platform for tv or film, but some like to brag that they watched it already some weeks before anybody else. Plus most countries had a lockdown, so people needed entertainment.
In private hands this cannot work anyways IMO. We need to force an interoperable standard if we want to stop companies from screwing everyone over just to make a line go up.